3️⃣✖️🚊 #getflickedphotography #iphonography #throwback #floods #2011 #laidup #layups #graffiti #panels #galves #clean #trains #rail_barons #railways_of_our_world #trains_worldwide #trainspotting #trainspotter #queenslandrail #qr #emu #traintracks #igmasters #igdaily #bestoftheday #trainporn #brisbane #brisbanelocals #choochoo #locomotives

RJ: Galvão Bueno aproveita camarote para beijão na esposa

Galv&atilde;o Bueno faz parte da lista de artistas que fizeram quest&atilde;o de estar muito bem acompanhados, para curtirem este Carnaval. Na madrugada desta ter&ccedil;a-feira (9), enquanto conferia os desfiles na Marqu&ecirc;s de Sapuca&iacute;, o comentarista esportivo foi flagrado dando um beij&atilde;o de tirar o f&ocirc;lego na esposa, Desir&eacute;e Soares, e chamou aten&ccedil;&atilde;o.&nbsp;</p>
Cheio…<p><img src=“; alt="RJ Galvao Bueno aproveita camarote para beijao na esposa” title=“RJ Galvao Bueno aproveita camarote para beijao na esposa” /></p>

Shopping at the Farmer’s Market by karen-galves featuring a 14k gold necklace ❤ liked on Polyvore

Dsquared2 cable knit cardigan, 1,880 BAM / Dsquared2 blue top, 890 BAM / STELLA McCARTNEY flared jeans, 610 BAM / Kenzo espadrilles shoes, 310 BAM / Tory Burch black handbag, 870 BAM / Anthony by Anthony Camargo 14k gold necklace, 2,740 BAM / Michael Valitutti silver band ring, 200 BAM / Brumani gold jewellery, 6,740 BAM / Michael Valitutti blue topaz jewelry, 155 BAM
Credit Suisse's Tesla Analyst Sees Buying Opportunity, Stands By 2016 Forecast

  • Tesla Motors Inc (NASDAQ: TSLA) shares have declined 32.95 percent over the past six months, to a low of $162.60 on February 5.
  • Dan Galves of Credit Suisse has maintained an Outperform rating on the company, with a price target of $325.
  • Galves believes that concerns regarding the Model X ramp and volumes have been overdone and present a buying opportunity in the stock.

Analyst Dan Galves said that he remained “bullish on TSLA, with high conviction on a 12-month view and also constructive in front of Wednesday’s print.”

However, the recent selloff in the stock was fueled by global macro concerns, negative sentiment on auto stock and falling oil prices, apart from the structural concerns regarding Model X.

“We don’t really understand the repeated underestimation of Tesla’s ability to deliver, and see this as an opportunity,” Galves pointed out, while noting that there had been similar concerns in the past regarding the Model S.

Related Link: Meet The Analysts Bearish On Tesla And Twitter

Although the Model X ramp has been slower than expected, this has not been due to fundamental issues, according to the Credit Suisse report, which also stated that it was Tesla Motors is likely to have achieved the production of 500 units in Q4 and continued deliveries in January/February.

“We believe that several minor but unacceptable quality issues existed on early production…the company slowed down the line to tweak the production process and, in some cases, to wait for re-designed parts,” Galves said.

Management noted that the production process was now on track, with no “critical unresolved design issues.” Once redesigned parts were available, management expects the ramp to proceed quickly.

The Q4 EPS estimate has been raised from $0.10 to $0.16, with expectations of total deliveries of more than 16,000 units in Q1 and over 80,000 in 2016.

Image Credit: By Don McCullough [CC BY 2.0], via Wikimedia Commons

Latest Ratings for TSLA

View More Analyst Ratings for TSLA
View the Latest Analyst Ratings

See more from Benzinga

© 2016 Benzinga does not provide investment advice. All rights reserved.